Nearly Half of Illinois Customers Unaware of Ability to Choose Lower Electric Rate

A recent survey of Illinois customers reveals that nearly half are unaware of their ability to shop for a competing electric supplier that can offer them a lower electric rate . According to a poll conducted by Kelton Research, which surveyed customers at Commonwealth Edison and Ameren, only 54% of respondents were aware that they have a choice of which electricity provider to use. Illinois has offered customers at ComEd and Ameren the right to choose their electric supplier since 1997, to provide customers with a tool to save money on their electric bills . Illinois business customers can save 20-30% on their electric rate — with no change in reliability or service — just by choosing a new electric supplier rather than the utility, which will continue to deliver this electricity over the utility’s wires.  Residential customers can save 10-15%. Many customers, however, especially among small and medium-sized businesses,

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PPL Customers Hit Hard By Rate Increase

Business customers at PPL Electric Utilities in Pennsylvania are being hit hard by the rate hike that went into effect June 1, but can drastically cut their electric bill by shopping for a competing energy supplier at SaveOnEnergy.com . LndAs we noted back in May, most small and mid-sized business customers at PPL who don’t shop for power started paying over 13¢ per kilowatt-hour (kWh) for electricity effective June 1 — an increase of 33%. However, an even bigger rate hike occurred for those business customers served on PPL’s optional Time of Use rates (G1V, G3V-TOU). During the winter, many customers opted onto PPL’s Time of Use rates because, due to an anomaly in how the power was procured, the winter rates were artificially below market, at 7.5 cents on-peak, and 6.1 cents off-peak. However, these Time of Use rates spiked on June 1 as well, and are now substantially

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How SaveOnEnergy.com Finds New Jersey Customers the Lowest Electric Rate

New Jersey has opened up its electric industry to competition, allowing competing “third party suppliers” to offer you lower rates for your electric supply.  For business customers, savings of 20-30% are available by choosing a competing energy supplier .  Additionally, choosing an alternative energy provider protects large New Jersey customers from the volatile “hourly” prices they would pay if they bought their power supplies from the utility. However, shopping for a competing electric supplier is still a new concept to many New Jersey businesses, especially small and mid-sized businesses who don’t have specific procurement managers.  That’s where SaveOnEnergy.com comes in, by making finding the lowest electric rate quick and easy. Only SaveOnEnergy.com offers New Jersey commercial and industrial customers the opportunity to have up to eight energy suppliers compete directly, head-to-head, to win the customer’s business.  Through its exclusive commercial exchange portal, SaveOnEnergy.com leverages New Jersey customers ‘ power to

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Illinois Businesses Can Find Lower Electric Rates Versus New ComEd, Ameren Rates Effective June 1

Commonwealth Edison and Ameren are adjusting their electric rates on June 1 as called for annually.  Although the new utility rates for small business and residential customers are lower than the current rates, the rates are still higher than what customers can find in the market by shopping for a lower priced electric supplier .  SaveOnEnergy.com can lower Illinois customers’ electric bills by finding these lower rates, and forcing competing energy suppliers to undercut each other to win your business. Medium and large business customers at both ComEd and Ameren no longer receive a flat rate for their Illinois electricity from the utility, as they are instead subjected to volatile hourly pricing unless they choose an alternative retail electric supplier .  These volatile hourly rates are not affected by the June 1 rate change. However, small business and residential customers may still receive a flat rate from the utility that

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